TIME to SHORT MASSIVE RALLIES in bac,axp,c,t,jpm

Discussion in 'Trading' started by dsq, Jan 23, 2008.

  1. dsq

    dsq

    Wow some of these stocks have had massive rallies off their lo's...BAC seems to be the best short...California RE hasnt even tanked or panicked yet and they like Wamu have plenty of exposure...Also axp seems like a good short after a rally...

    JPM- 6 dollar off todays lo,BAC+8 from yesterdays lo,AXP +5 off todays lo,C +4 from yesterdays lo...

    T comes out with earnings before the bell and they had a glum warning a couple of weeks back combined with poor aapl results could be a good short soon...

    I dont know if its too early for a pullback but some of these have rallied hard...